This module allows you to analyze existing cross correlation between Nasdaq and NYSE. You can compare the effects of market volatilities on Nasdaq and NYSE and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Nasdaq with a short position of NYSE. See also your portfolio center. Please also check ongoing floating volatility patterns of Nasdaq and NYSE.
|Investment Horizon||30 Days Login to change|
Assuming 30 trading days horizon, Nasdaq is expected to generate 2.13 times more return on investment than NYSE. However, Nasdaq is 2.13 times more volatile than NYSE. It trades about 0.2 of its potential returns per unit of risk. NYSE is currently generating about -0.09 per unit of risk. If you would invest 660,507 in Nasdaq on October 19, 2017 and sell it today you would earn a total of 18,822 from holding Nasdaq or generate 2.85% return on investment over 30 days.